[Mar 30 5:30 AM] South Africa’s financial services industry watchdog has issued a warning against unlicensed crypto trading firms accused of soliciting public funds while promising unrealistic returns of up to $542 per day. Unlicensed Crypto Firms Use Celebrity…
[Mar 18 9:30 AM] Hackers recently breached the South African Parliament’s social media accounts, including X, Facebook, and Youtube, to promote a fake cryptocurrency named after President Cyril Ramaphosa. Fake Token Created 24 Hours Before Breach On March 15…
[Mar 13 4:50 AM] One of the alleged co-masterminds of the South African bitcoin Ponzi scheme MTI has been detained for failing to provide a satisfactory explanation for the disappearance of bitcoins from his account. Marks’ Answers Unsatisfactory Clynton…
[Mar 9 5:30 AM] Farzam Ehsani, CEO of VALR, argue that Bitcoin’s decentralized and limited supply make it an attractive hedge against inflation and currency risk. Bitcoin a Hedge Against Currency Depreciation As South African firm Altvest Capital makes…
[Feb 26 7:30 AM] Bitget, a Seychelles-based crypto exchange, has partnered with Callpay to enable South African Rand (ZAR) deposits and withdrawals. Streamlining Fiat-Crypto Transactions The Seychelles-based cryptocurrency exchange Bitget announced Feb. 25 that it…
[Feb 25 6:30 AM] A South African study reveals growing DeFi adoption, projecting $2.8 million in volume by the end of 2025, primarily driven by retail customers. FSCA to Focus on Stakeholder Engagement According to a study conducted by South Africa’s Financial…
[Feb 3 2:30 PM] Tensions between the United States and South Africa appeared to escalate on February 3, with South African President Cyril Ramaphosa pushing back against Donald Trump’s claims. South Africa’s Land Question The tiff between the United…
[Jan 31 8:30 AM] A South African man accused of sending bitcoin to an Islamic State affiliate in Syria, is set to be released on bail after a court ruled he is not a flight risk. Accused Person Not a Flight Risk A South African man accused of sending bitcoin (BTC)…
[Jan 30 2:09 PM] In the past two months, I’ve attended the Adopting Bitcoin Cape Town conference in South Africa and the African Bitcoin Conference in Kenya. I’ve also visited Bitcoin circular economies in both of these countries including Bitcoin Ekasi, Afribit…
[Jan 28 6:30 AM] Microsoft has announced plans to train 1 million people in South Africa on artificial intelligence (AI) and cybersecurity skills by 2026. This initiative, part of Microsoft’s broader efforts to empower individuals and businesses across…
[Jan 22 11:45 PM] Lesetja Kganyago, governor of the South African Reserve Bank, criticized crypto lobbyists at the World Economic Forum in Davos for pushing countries to add Bitcoin to their reserves. South Africa Central Bank Chief Questions Lobbyists’ Focus on…
[Jan 20 10:45 AM] Buying Bitcoin in South Africa involves choosing a reputable exchange, verifying your identity, depositing funds, placing an order and securing your Bitcoin in a personal wallet.
[Dec 14, 2024 9:30 PM] The South African financial regulator has issued 248 of the crypto asset service provider licenses it has received to date. 9 Applications Rejected The South African financial regulator, the Financial Sector Conduct Authority (FSCA), has issued a…
[Dec 12, 2024 7:48 PM] According to a survey from blockchain firm Consensys, half of the population of Nigeria, South Africa, Vietnam, the Philippines and India already own a crypto wallet.
[Nov 27, 2024 5:30 AM] The South African government has published a National Artificial Intelligence (AI) Policy Framework, which aims to guide the development and adoption of AI in the country. The framework outlines strategic pillars, including talent development…
[Oct 26, 2024 1:00 PM] A longtime regular on the crypto scene, Sovryn and BitcoinOS founder Edan Yago learned the importance of financial sovereignty at an early age.
[Oct 17, 2024 1:30 AM] Brazil pushes for a shift away from the U.S. dollar within the BRICS alliance, advocating for more use of national currencies in trade among member countries. As the group expands, discussions on alternative payment platforms are gaining momentum…
[Oct 11, 2024 6:30 AM] Russian Finance Minister Anton Siluanov has emphasized the rising influence of BRICS nations during a recent event, noting their projected economic growth of 4.4% in 2024-2025, compared to 1.7% for G7 countries. Siluanov highlighted BRICS’…
[Oct 10, 2024 2:30 AM] Serbia’s Deputy Prime Minister Aleksandar Vulin has championed BRICS as a compelling alternative to the European Union, emphasizing the economic bloc’s appeal for Serbia. He highlighted how BRICS does not impose political conditions…
[Sep 25, 2024 6:30 AM] North Korea may be ramping up efforts to align itself with the BRICS economic bloc, as its top diplomat skipped the United Nations General Assembly in favor of a BRICS-related event. Analysts suggest that while Kim Jong-un seeks to break diplomatic…
[Sep 22, 2024 8:30 PM] The BRICS bloc might have already overcome its dollar-dependence problem, as the volume of settlements in the national currencies of its member nations has already surpassed the USD-based exchanges. Using the U.S. dollar can lead to expenses that…
[Sep 17, 2024 1:30 AM] BRICS’ new payment platforms, which offer alternatives to the U.S. dollar and euro, are attracting global attention, according to Russian Foreign Minister Sergey Lavrov. These systems enable countries to conduct economic activities without…
[Sep 13, 2024 3:30 AM] Russian President Vladimir Putin revealed that 34 countries have shown interest in joining BRICS activities, highlighting the global appeal of the group. He detailed Russia’s role in facilitating the integration of new members, sharing…
[Sep 4, 2024 3:30 AM] China and South Africa committed to deepening cooperation within the BRICS framework during South African President Cyril Ramaphosa’s second state visit to China, where he met with Chinese President Xi Jinping. The leaders emphasized the…
[Sep 3, 2024 10:30 PM] Turkey has reportedly formally requested to join the BRICS economic bloc to expand its global influence and establish new alliances beyond its traditional Western partners. Turkish President Recep Tayyip Erdogan’s administration views the…
[Aug 14, 2024 5:30 AM] The vice chairman of the BRICS Chamber of Commerce and Industry, Sameep Shastri, has highlighted the economic bloc’s shift away from reliance on the U.S. dollar, opting instead to trade using their national currencies like the Russian ruble…
[Jul 24, 2024 6:00 AM] AgriDex, a Solana-based marketplace aiming to bring the global agricultural market on-chain by tokenizing various crops has settled its first agricultural trade on the Solana blockchain, it told CoinDesk on Wednesday.
[Jul 19, 2024 12:30 PM] Momint, a Web3 startup, is poised for global expansion after securing a $50,000 grant from the Dfinity Foundation. This Swiss non-profit organization, known for its blockchain R&D, awarded the grant through the Internet Computer Protocol (ICP)…
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